Market Chatter: Contemporary Amperex Technology to Mass Produce Sodium-Ion Batteries by End-2025

MT Newswires Live
04-22

Contemporary Amperex Technology (SHE:300750), or CATL, will begin mass-producing its Naxtra sodium-ion battery packs by the end of 2025, offering electric vehicles up to 500 kilometers per charge, The South China Morning Post reported Monday.

The battery pack cuts reliance on costly lithium and cobalt while matching lithium iron phosphate batteries in energy density, according to the report.

The sodium-ion battery has an energy storage density of 175 watt-hours per kilogram, the SCMP wrote. This compares with lithium iron phosphate batteries' 185 watt-hours per kilogram, currently used in most Chinese-made EVs.

(Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)

免責聲明:投資有風險,本文並非投資建議,以上內容不應被視為任何金融產品的購買或出售要約、建議或邀請,作者或其他用戶的任何相關討論、評論或帖子也不應被視為此類內容。本文僅供一般參考,不考慮您的個人投資目標、財務狀況或需求。TTM對信息的準確性和完整性不承擔任何責任或保證,投資者應自行研究並在投資前尋求專業建議。

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